The Business Times, 4 January 1990

Microfilm: NL16892
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 170/12/89 THURSDAY, JANUARY 4, 1990 75 CENTS
    11 words
  • FINANCIAL MARKETS SUMMARY
    • Article
      Lock icon Dow down
      40 1 Reuter SMALL futures-related sell programs helped erase light early gains and turned US stocks in New York lower early yesterday. The Dow was off seven points at 2803 and declining issues took a small lead over gainers. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Footsie up
      48 1 AP LONDON shares raced to new all-time record highs yesterday, following Wall Street's trend. The Financial Times-Stock Exchange 100-share index, which measures the value of Britain's largest 100 companies in terms of market capitalisation, rose 29.3 points, or 1.2 per cent, to 2,463.4 by midday. AP
      AP  -  48 words
    • Article
      Stock Indices
      44 1 Wednesday ST Industrials Index 1,521.99 22.53) BT Composite Index 1,350.521 16.77) NST Industrial Index 2,915.78 47.2) HK Hang Seng Index 2,858.72 20.65 Tokyo Nikkei Average Closed Sydney All-Ordinaries 1,686.2 32.6 Tuesday New York (Dow Jones) 2,810.15( +56.95 London (FT 30 Index) 1,934.1(17.5
      44 words
    • Article
      Exchange rates
      12 1 US$: 145.75 yen 1.7185 DM S$ 1.9030 US$l.6lOO Ms> 550.7027
      12 words
    • Article
      Simex
      13 1 Euro-S (Mar) 91.92 DM (Mar) 0.5816 Yen (Mar) 0.*****0 Pound (Mar) 1.5908
      13 words
    • Article
      Gold prices
      12 1 S'pore (buyer's quote) U*****.40 US$6.6O London (Morning Fix US$4Ol.OO +US$O.6O
      12 words
    • Article
      Rubber
      10 1 S'pore February 159.50 cents/kg (-0.25 M'sia February 224.50Mct5/kg (unch
      10 words
    • Article
      KL Tin
      7 1 18.04 Ms/kg (-0.34) Turnoveri 103(-38
      7 words
    • Article
      CPO futures
      13 1 Turnoven 1,*****t5(-550 Jan M5642/tonne (-3 Feb M5666/tonne (-6 Mar M5677/tonne (-3
      13 words
    • Article
      Prime lending rate
      10 1 6.39 (average of 12 major banks' PLRs)
      10 words
    • Article
      Money market
      27 1 THE overnight rate on the Singapore money market was 1/8 points higher at 5-7/16 per cent yesterday. Short-term rates were 1/16 higher at 5-11/16 each.
      27 words
  • Article, Illustration
    Fresh burst of buying propels ST index to new high of 1521.99
    515 1  -  By ROSIE TAN THE SINGAPORE stock market surged past its all-time high yesterday led by a fresh burst of institutional buying and sharp gains in blue chip heavyweights. The Straits Times Industrials Index of 30 stocks ended a
    515 words
  • Article
    US dollar continues to advance against major currencies
    240 1 THE US DOLLAR, which soared in New York and Europe on Tuesday, continued its rise against most major currencies on the Singapore foreign exchange market yesterday. But the greenback retreated against the Japanese yen owing to heavy intervention by the Bank of
    240 words
  • Article
    Lock icon Central M'sian states plan investment area
    275 1 Bernama THE governments of Selangor, Negri Sembilan and Malacca have formed a joint committee to develop the industrial sector and to make the central region, of Peninsular Malaysia an attractive investment area, Selangor Chief Minister Tan Sri Muhammad Haji Muhammad Taib said yesterday. He
    Bernama  -  275 words
  • Article, Illustration
    Govt looking at Tuas as alternative site for third container port
    424 1  -  By LOH HUI YIN,LILIAN ANG TUAS, which is fast becoming a major industrial hub. is being considered as an alternative site to Pasir Panjang for Singapore's third container port. An inter-ministry committee was set up recently to study the
    424 words
  • Article
    Lock icon Debt-equity swap plan for KL financial institutions
    278 1 Bernama BANK NEGARA has issued a detailed plan for a debt-equity swap scheme for financial institutions under which the institutions can convert into equity the bad loans they granted to ailing corporations. Banking sources told Bernama yesterday that the central bank mooted the
    Bernama  -  278 words
  • Article
    Select Committee calls for car quota scheme
    637 1  -  REPORT OF THE SELECT COMMITTEE ON LAND TRANSPORT By MARTIN SOONG A QUOTA SYSTEM for buying new cars, and retention of the Preferential Additional Registration Fee scheme dominate recommendations in the much-anticipated Select Committee on Land Transport report released yesterday. In its 12-page
    637 words
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      98 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone 235 1333 Xuaia Lumptr Phone 757 0233 Pmang Phone 615 985/619 014 Jakarta: Phone 374 085/380 1472 Followers or leader... JIL Baume Mercier GENEVE .EMS DEPU S 1830 I!' r (i 101 f 11 it\ in "»nwfljpp*%
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      Page 1 Advertisements Column 2
      220 1 Full report. PAGE 14 Regional mfcts, PAGE 16 World mfcts, PAGE 17 w" >m I 1 Lim family to buy Pro duce. Rubber. Tin Editorial Comment: 8 UK property taxes 5 Kamuntmg shares trom company Meetings 14 Right to plug CPF tax loophole Businessmen decry new system underwriters Crosswords 19
      220 words
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      Page 1 Advertisements Column 3
      12 1 ON PAGE 2: Reactions to report on land transport 'Speculation fears unfounded*
      12 words
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      Page 1 Advertisements Column 4
      293 1 Exdutiv 7066 C Introduce quota system for buying new cars to control directly rate of car population growth. Buyers to bid, at monthly public tenders, for a license to buy a new car. Retain PARF system for existing cars. New cars to come under valuation scale which decreases the value
      293 words
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  • HOME NEWS
    • Article, Illustration
      Quota for new cars will distort market: dealers
      617 2  -  REACTIONS TO REPORT ON LAND TRANSPORT By YONG POW ANG SETTING a quota for new cars will distort the car market and raise prices, according to some car dealers and a motoring association, in reaction to the recommendation, one of several, outlined
      617 words
    • Article
      'Speculation fears unfounded'
      325 2 FEARS that a quota system for buying new cars would prompt rampant speculation and exorbitant prices are "not well founded," says the Select Committee on Land Transport report. Addressing this and other public fears about a quota system, the report says the current pricing mechanism to control
      325 words
    • Article, Illustration
      Polarcup officially launches new Senoko factory
      345 3  -  By LILIAN ANG POLARCUP SINGAPORE, which makes disposable paper and plastic products used in the food and beverage industries, has expanded its local operations, moving the factory to facilities five times larger than its first plant in Sembawang. The new factory at Senoko was
      345 words
    • Article
      JSIST aims to be regional centre for IT development and dissemination
      302 3  -  By JAYARAM MENON THE Japan-Singapore Institute of Software Technology has set its sights on being a regional centre for the development and dissemination of information gyThe computer software training institute a collaborative effort of the Japanese and Singapore governments
      302 words
    • Article, Illustration
      Learning about Indian culture
      142 3 SINGAPOREANS will get to experience and observe Indian culture. tradition and form during a month-long festival. The Indian Cultural Month, which is part of the 25th Anniversary celebrations, will kick off with a cultural procession along Serangoon Road on March 25. Also for the first time,
      142 words
    • Article
      S Rajaratnam education trust set up
      81 3 KAMPONG GLAM Constituency is starting an education trust fund in the name of its former Member of Parliament. Mr S Rajaratnam. The constituency will begin to raise the target sum of $1 million when it celebrates Singapore's 25th anniversary next month. The target is
      81 words
    • Article
      Japanese builders look to S'pore for precast materials
      337 3  -  By LILIAN ANG JAPANESE contractors, driven by booming domestic demand, are looking towards Singapore tor building materials including precast concrete slabs. According to construction giant Takenaka Corporation, materials produced here are cheaper and almost as reliable as those made in Japan. Best
      337 words
    • Article, Illustration
      IBM's John Wong takes up senior position in US
      320 3  -  By QUAK HIANG WHAI 4BM SINGAPORE'S chief John Wong has joined the upper echelon of the IBM group by taking up the post of program director of marketing support in the group s operations in New York. Mr Wong, who was
      320 words
    • Article, Illustration
      High-tech bidding in store at hog auction
      262 3 PUSH-BUTTON bidding and high-tech electronics will be key features of Singapore's first-ever hog auction market which starts operations this month. Costing $5 million, the market is situated within the Jurong Abattoir complex and is managed by the Hog Auction Market Pte Ltd, a
      262 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      477 2 0,0 NEC 90 YEARS A LEADER IN TECHNOLOGICAL DEVELOPMENTS A SPECIALIST IN COMPUTERS AND COMMUNICATIONS UNWAVERING DEALER BACK UP SUPPORTED BY A REGIONAL SUPPORT CENTRE OFFERS THE WIDEST RANGE OF COMPUTER PRODUCTS AND PERIPHERALS NOW. ABSOLUTELY NO EXCUSE TO SfflT NO TO NEC It'e thn hoot onor riooi imm mpp
      477 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      199 2 "wEATHER^t .jH J 1.1 \J» ffl* Global tamparaturaa and waathar foracaat gjHH City Ma*y Nota Mln OUTLOOK: Fair. fart Report for 24 howrt prior to 7.30pm on jan 3 at #>• Aberdeen 06/04 Breezy okporti Amtterdom 06/03 Sunny amp. 91.1 Athens 12/06 Cloudy Aaeoc humkdity S7 Auckland 23/16 Cloudy "bi
      199 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      44 3 |z\l Fn I I •Ad chief call# lor greater recognition ol h w cE s ar c °p |n o after the,r i Those vital back office people Local watchmakers move upmarket *j Insurance agents lay groundwork tor e Investment Spotlight x JANUARY 1990
      44 words
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      Page 3 Advertisements Column 2
      78 3 f i'' i NOt TTO BE TTRUFFLED WITTH. > NOW, ATTRUfFtES ATTHE DYNASTY, YOU CAN TASTE THE CUISINE OF PERIGORD, FRANCE, HOME OF THE RARE, BLACK TRUFFLE. N ROLAND MAZERE CHEF-PATRON OF THE FAMOUS, TWO-MICHELIN-STAR LE CENTENAIRE RESTAURANT, HAS PERSONALLY < J-C' PLANNEDAND SUPERVISED THE MENUS OF TRUFFLES AT THE
      78 words
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  • FOREIGN NEWS
    • Article
      Lock icon US economy continues to slow
      627 4 DECEMBER MARKS EIGHTH STRAIGHT MONTH OF DECLINE AP THE US ECONOMY slowed for the eighth straight month in December but at the lowest rate of decline in six months, purchasing executives at the nation's industrial companies reported on Tuesday The National Association of Purchasing Management,
      AP  -  627 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1085 4 ARRIVALS Operator Service Local From number time OAl OA472 0015 SYD/MEl MAS MH623 0035 KUl AIR HK AHK531 0110 HKG SIA SQ011 0115 LAX/NRT UAL UA805 0120 SFO/HKG UAL UA097 0130 LAX/NRT KAL KE697 0220 SEL TMA TL3516 0430 BEY/SHJ/KUl SEY HM601 0450 SEZ SIA SQ409 0605
      1,085 words
    • Article
      Lock icon Leading agriculture ministers to meet in US on key issues
      314 4 Reuter AGRICULTURE ministers from the world's leading food exporting nations will meet in Florida this week to try to resolve wide differences on global farm trade and other agricultural issues Matters expected to be raised at the meeting which will
      Reuter  -  314 words
    • Article
      Lock icon US releases some frozen assets to Panama
      157 4 Reuter THE UNITED STATES said it released US$7O million in frozen assets to Panama's new government and said a high-level team would leave Washington on Tuesday to discuss with Panamanian leaders how they could further aid Panama's economy. US State Department deputy spokesman
      Reuter  -  157 words
    • Article
      Lock icon American car sales continue to show weakness
      258 4 Reuter MAJOR US automakers continued to face tough sledding as overall sales for mid-December declined 21.3 per cent from a year ago. "The weakness persisted but it wasn't as bad as early December because incentives put in place during the middle of the
      Reuter  -  258 words
    • Article, Illustration
      Lock icon De Klerk's biggest challenge: restoring growth
      442 4 Reuter PRESIDENT FW De Klerk has begun to strip away the layers of apartheid race laws enacted by his predecessors. but his biggest challenge in 1990 is to end South Africa's economic isolation and restore growth. Gold and politics remain crucial determinants of South
      Reuter  -  442 words
    • Article
      Lock icon Seoul posts smallest trade surplus in four years
      363 4 AP FACED with sluggish exports and rising imports. South Korea posted a trade surplus in 1989 of US$l billion, its smallest in four years and far below its 1988 trade surplus of US$B 88 billion, the Trade and Industry Ministry announced yesterday.
      AP  -  363 words
    • Article
      Lock icon Japanese economy expected to remain strong, survey shows
      209 4 AFP JAPAN'S top business leaders believe the country's economy will continue its strong performance in 1990, but fear worsening trade friction with the United States, a survey by the Kyodo news agency said on Tuesday. The Kyodo survey said Japan's top 100
      AFP  -  209 words
    • Article
      Lock icon Car maker watched for clue of new Indian govt policy
      537 4 AFP INDIA'S new government faces the curious dilemma of whether to scuttle the introduction of a hugely popular, fuel-efficient new car by Maruti Udyog, the country's largest carmaker The company was set up in the early 1980s by the Congress
      AFP  -  537 words
    • Article
      Lock icon China to spend US$85m to develop Tibet
      153 4 Reuter CHINA said yesterday it would spend 400 million yuan (US$B5 million) this year to help develop Tibet, the remote region that has been rocked by periodic separatist unrest. The People's Daily said this was the highest amount ever allocated to the region
      Reuter  -  153 words
    • Article
      Lock icon Performance of Vietnam's state enterprises embarrassing, says report
      310 4 AP VIETNAM'S state-owned enterprises displayed embarrassing inefficiency in 1989 after losing their subsidies and monopoly rights, and a third of them still cannot make it, the official Vietnam News Agency reported. The report, dated Tuesday and seen in Bangkok on Wednesday, said
      AP  -  310 words
    • Article
      Lock icon US plan for biggest real estate sale causes concern of price fall
      318 5 Reuter THE US GOVERNMENT issued a menu of more than 30,000 properties all held by ailing savings and loan institutions that will go on the market as part of the biggest real estate sale ever conducted The Resolution
      Reuter  -  318 words
    • Article, Illustration
      Lock icon West Germany ready to offer Prague all the aid it needs
      493 5 AFP WEST GERMANY is ready to grant Czechoslovakia all the aid it needs, West German President Richard Von Weizsaecker told his Czechoslovak counterpart Vaclav Havel on Tuesday. Without specifying what kind of aid West Germany would give its neighbour,
      AFP  -  493 words
    • Article
      Lock icon East Germany to start work soon to tear down Berlin Wall
      353 5 Reuter EAST GERMANY is preparing to pull down the Berlin Wall that has knifed through the city for 28 years and where up to 100 people have been killed trying to flee to the West. Visiting Czechoslovak President Vaclav
      Reuter  -  353 words
    • Article
      Lock icon Poles struggle to cope as draconian economic plan begins to bite
      543 5 AFP POLES were struggling on Tuesday to cope with massive New Year price increases as a first series of draconian measures aimed at ending the country's financial crisis by introducing a market economy began to bite. "Everything, but only
      AFP  -  543 words
    • Article, Illustration
      Lock icon Romanian leaders move to erase Ceausescu's laws
      581 5 AFP BARELY a week after the summary execution of Nicolae Ceausescu, Romania's new leaders are moving swiftly to ensure that the dictator's laws do not survive him. But to judge from the remarks of citizens in Bucharest on Tuesday, the hardest task of
      AFP  -  581 words
    • Article
      Lock icon Poland gets stabilisation fund
      126 5 Reuter THE TREASURY Department announced that a US multilateral stabilisation fund of US$l billion has been established for Poland The fund will provide Poland with a supplemental line of reserves to aid its economic reform programme aimed at restoring price stability and promoting growth, the Treasury
      Reuter  -  126 words
    • Article, Illustration
      Lock icon Businessmen decry new UK property tax system
      558 5 Local authorities lose power to set rates AFP THE BRITISH government unveiled key details of a new property tax system for some 1.6 million businesses on Tuesday, raising cries of protest from businessmen who are set to pay sharply increased rates. Under the
      AFP  -  558 words
    • Article
      Lock icon Conservative Party helping to organise similar parties in Eastern Europe
      436 5 AP RULING British Conservative Party legislators said on Tuesday they are helping like-minded people in Eastern Europe to organise similar parties which have not been known there for more than 40 years. "I am flabbergasted at the support for conservative
      AP  -  436 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      65 4 Tk T The hmincsv person's ihoice every lucvbv. m If %1% I Thurvljv. Sjiurdjv .ind SunAn lcjvin)>( hjngi I I II I I I Airport it 21:55 hour* and arming jt l.of>in I M M k I I M I International Airport the foNowmg Jiv. Call your travel agrnt or
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      61 4 Doonesbury by carry trudeau AN AIARMINT, -FIVE U.S. SENATORS, ACT- A PELAY THAT ENPEP I MAS JUST HELPING A ING IN CONCERT, INTERVENING UP COSTING THE AMERICAN CONSTITUENT FROM THEPROUP TO PREVENT THE TIMEVY TAXPAYERS OVER *1 &LUON! STATE OF ARIZONA! 1 I CLOSURE OF A COLLAPSING I MICHIGAN! c
      61 words
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  • SPORTS
    • Article, Illustration
      Lock icon Kite dreams of flying high and winning a major tournament
      657 6 GOLF AP IN THIS, the first week of the 11V4 -month PGA Tour season, it is traditional for golf's leading lights to discuss their goals for the year. Not so with Tom Kite, the 1989 Player of the Year and
      AP  -  657 words
    • Article, Illustration
      Lock icon Possibility of Lewis-Johnson race
      591 6 ATHLETICS Reuter CARL LEWIS' business manager said on Tuesday he was discussing the possibility with at least six groups of a multi-million-dollar race in September between the two-time US Olympic champion and disgraced Canadian sprinter Ben Johnson. "The lowest offer and the latest round has been
      Reuter  -  591 words
    • Article
      Lock icon Sanchez beats Jonsson in second round of NZ tourney
      244 6 TENNIS AFP SPAIN'S Emilio Sanchez continued his winning streak yesterday by knocking Sweden's Lars Jonsson out of the second round of the New Zealand National Tennis Tournament in Wellington. Sanchez, the top seed and world No 17. had to fly non-stop
      AFP  -  244 words
    • Article
      Lock icon French yacht heading for crisis
      272 6 YACHTING AFP FRANCE'S battered round-the-world yacht Charles Jourdan is heading towards a new crisis either today or tomorrow, organisers of the Whitbread race said in Auckland yesterday. The ultralight yacht which late last month was leading the fleet on the third leg between the West
      AFP  -  272 words
    • Article, Illustration
      Lock icon Montana wins NFL Most Valuable Player award
      476 6 FOOTBALL AP QUARTERBACK Joe Montana, who had the best all-round passing year in league history in 1989, received a new honour on Tuesday when he was named NFL Most Valuable Player by The Associated Press. Three years after undergoing major back surgery and
      AP  -  476 words
    • Article
      Lock icon Steelers confident about Sunday's game
      428 6 AP AS THEY PREPARE for Sunday s American Conference playoff game in Denver an amazing development in its own right don't remind the Pittsburgh Steelers that the Broncos beat them 34-7 on Nov 5 last year. The Steelers' attitude is. "So what?" That game seems
      AP  -  428 words
    • Article
      Lock icon Swede Waldegaard beats ace Vatanen to win 5th stage
      327 6 MOTOR RALL Y Reuter SWEDE Bjorn Waldegaard broke the devastating run of Finnish ace Ari Vatanen on Tuesday to win the fifth stage of the ParisDakar rally from Tumu in Libya to Dirkou in Niger Waldegaard, a veteran rally driver taking
      Reuter  -  327 words
    • Article
      Lock icon Suns breaks New York's winning streak
      640 6 BASKETBALL AP KEVIN JOHNSON scored 11 of his 26 points in the fourth quarter as the Phoenix Suns snapped New York's nine-game winning streak with a 113-99 victory and became the first team to beat the Knicks at home this season. Eddie Johnson scored
      AP  -  640 words
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  • ADVERTISING & MARKETING
    • Article
      Ad industry chalks up 13pc gain
      578 7  -  Growth expected to slow down this year By GENEVIEVE CUA INITIAL ESTIMATES show that the advertising industry grew by 13 per cent last year, while some star performers presented stunning results, with gains close to 60 per cent. The cast of top performers include
      578 words
    • Article
      How companies can revitalise brands
      450 7  -  m Marketing Matters By JOHN SEIFERT Mr Seifert is managing director/country head, Ogilvy A Mather MOST businessmen will agree that the 80s will be remembered as the decade of unprecedented mega-mergers and acquisitions. In most of the biggest mergers and acquisitions in the 80s. strong
      450 words
    • Article, Illustration
      Melrose set to challenge market leader Sara Lee
      483 7 HOMEGROWN frozen cake manufacturer Melrose Bake House is gearing up to launch a line of frozen pound cakes with which it aims to tackle market leader Sara Lee While unabashedly patterned after Sara Lee in terms of packaging and even production technology,
      483 words
    • Article
      Highlights of 1989
      186 7 CREATIVE KUDOS e Saatchi Saatchi, Leo Burnett, Batey Ads. Mojo and McCann Erickaon made it as finalists in the Clio Awards e 22 awards to Singapore agencies at the Annual Asian Advertising awards in Hongkong e Highest accolade to The Ball WCRS Partnership at the Annual International
      186 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      229 7 If you lived in London, you'd know a pea-souper is about the Over many long hours, these dedicated men and women The results were threefold: The airline received not one thickest, densest fog you're ever likely to see. worked day and night to attend to their passengers and accom- letter
      229 words
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  • PERSPECTIVE
    • Article
      Right to plug CPF tax loophole
      537 8 MONTHLY basic wages, commissions and year-end bonuses are part and parcel of an employee's annual pay package. But until recently, they had been treated differently by the Central Provident Fund Board and the Inland Revenue Department. While the maximum monthly basic pay which can
      537 words
    • Article, Illustration
      Lock icon Decade of the iconoclast
      1502 8  -  The 1980s will be best remembered as a decade when long-held assumptions about corporate life were turned on their heads. Those were also the years when internationalism in business took root. Against this backdrop of intense changes have been businessmen whose iconoclastic views have shaped the
      FT  -  1,502 words
    • Article, Illustration
      Lock icon Let's make a deal, comrade
      929 8 WEST LOOKING EAST FOR THAT NEW LAND OF PLENTY Reuter UNCERTAINTIES far outweigh sure bets as Western businesses stake claims in the shifting sands of a liberalised Eastern bloc and Soviet Union. Even the best operators are stumbling in early efforts to establish businesses in
      Reuter  -  929 words
    • Article, Illustration
      Banzai! Make way for the magnificent nine
      1129 9  -  At the heart of Japan's economic success are the nine sogo shoshas, some of which have left the American majors streets behind in terms of sales, writes HARISH MEHTA of the Foreign Desk. The accompanying article looks at the stellar performance of one
      1,129 words
    • Article, Illustration
      The giant with a yen for niches
      776 9 LIKE AN ACTOR off a kabuki stage, Mitsubishi Corporation, Japan s largest sogo shosha, plays many roles: in Brunei's natural gas project, in the New York Commodities Exchange, in space and in aerospace leasing, all among a warren of other niches the corporation
      776 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      91 8 could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and _jL issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      60 8 f\/Fgy ifiKlr, Ciwrc micg RGPiR b£F7 TO G€T FONNV HOU ONG ffeßsoN) JOMG.S, BUT rm ONLY I rnnßßico PIU- twe. SPRRKL£ HRS cp>n ropiKE. sucw Pi vpoiMG my -job yIGONe out of th€.t\/Ping ppoi difrePesce. tNJ ft J ujoi Vf \f~ pePfigTmeMt JJ- K ,A r% fdt jSQr Plr £>1
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      775 9 The Russians are coming... Meet them at the premiere event "Machine-Tech Soviet '90" For the first time in Singapore, a I ZH gsrjrsr Machine-Tech Soviet 90 would be the of ttx AII-Ufuon Research Singapore on 16-21 January 1990. institute of Medical instmment-makmg It Jarwery 1M the USSR seeks for partners".
      775 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Lim family to buy Kamunting shares from underwriters
      582 10 MBT DATUK LIM Bok Yeng's family and Malaysian Plantations are expected to take up a large portion of the massive sum of 327 million shares and convertible loan notes in Kamunting Corp that are now held by underwriters. On conversion of these
      MBT  -  582 words
    • Article
      Lock icon Lion Corp forecasts M$14.9m pre-tax profit
      519 10 NST LION CORPORATION BHD has forecast a group pre-tax profit of M 514.9 million for the year ended Dec 31. 1989. Compared with a group pretax profit of Mslo million recorded in the previous year, the forecast profit will represent a 40 per cent
      NST  -  519 words
    • Article
      Lock icon KL broking firm aims for bigger share of institutional business
      315 10 NST BROKING FIRM K N Kenanga is going all out to secure a bigger share of the growing institutional business in the Malaysian stock market. The company, which gave up 30 per cent equity to John Hancock International Holdings on
      NST  -  315 words
    • Article
      Lock icon Emtex and MCB request suspension on trading of shares
      175 10 Bernama MCB HOLDINGS Bhd has requested a temporary suspension on trading of its shares on the Kuala Lumpur Stock Exchange effective today following a similar request by Emtex Corporation Bhd, a substantial holder of MCB MCB said in a statement that
      Bernama  -  175 words
    • Article, Illustration
      Block deal in Kesang points to possible tussle for control
      573 10 A BLOCK of 7.8 million shares in Kesang Corporation Bhd has recently changed hands, sparking off speculations that there could be a possible tussle for control of the company. Indeed Kesang shares have been heavily traded on the Kuala Lumpur
      573 words
    • Article
      Lock icon Hospital Pantai hopes to be listed on KLSE's second board by Jan 25
      565 10 Bernama HOSPITAL PANTAI Bhd (Pantai). whose offer of 4.25 million shares to the public was oversubscribed 41.24 times, is hoping to be listed on the second board of the Kuala Lumpur Stock Exchange on Jan 25. Speaking
      Bernama  -  565 words
    • Article
      Lock icon MAS under fire for falling standards
      205 10 AFP MALAYSIA AIRLINES, which boasts "golden" in-flight service, has come under a barrage of public and government criticism for declining standards. A government official said top Malaysia Airlines officials had been summoned to a meeting tomorrow to discuss public complaints of frequent overbookings. passenger
      AFP  -  205 words
    • Article
      COMPANY BRIEFS
      738 10 MALAYSIAN INTERNATIONAL Shipping Corporation Bhd (MISC) said shareholdings by foreign persons for the fourth quarter ending on Dec 31 amounted to 30 per cent, comprising 150 million shares. It said there were 4.697 million shares on the queue register as at the same date It defined a foreign
      738 words
    • COMPANY NEWS
      • Article
        A year marked by novel financing packages but few listings
        1483 11  -  Only five companies offered their shares to the public last year, but merchant bankers were kept busy coming up with novel fund-raising schemes. While these schemes helped to broaden the capital market, they also served to highlight the scarcity of
        1,483 words
    • MONEY AND EXCHANGES
      • Article
        Lock icon Italy moves to abolish some restrictions on foreign exchange
        310 12 FT ITALY'S steady march towards the full liberalisation of capital movements should take a further step forward by the end of the month with the abolition of some restrictions on domestic foreign currency accounts. Italian Foreign Trade Minister Renato Ruggiero is
        FT  -  310 words
      • Article
        Lock icon Sterling's fall not denting tight policy: Major
        212 12 Reuter UK CHANCELLOR John Major is not worried that the fall in the value of sterling during 1989 would jeopardise the government's antiinflationary goals. "We should not be mesmerised by every short-term movement in the exchange rate," he said. Tight monetary and fiscal
        Reuter  -  212 words
      • Article
        Forex markets
        1256 12 SINGAPORE: The dollar ended lower against the yen on Bank of Japan dol-lar-selling intervention, but was higher against the mark on cross trade activity. dealers said. The foliar ended at 1.7210/20 marks from New York's close of 1.7125/35 and at 146.05/10 yen from 146.50/60. "The market is expected
        1,256 words
      • Article
        Asian dollar market
        297 12 ASIAN dollar deposit rates closed steady at opening levels, with trading quiet the whole day due to lack of interest, dealers said. They said the market is now looking for direction from Friday's release of US December employment data. Short-dates eased 1/16 to 1/8 percentage point at
        297 words
      • Article
        Comex gold/silver futures
        183 12 Gold futures on January 2, 1990 100 troy ounces USS per troy ounce Opon Htgfi Low um* ion 90 399 40 -2.90 Fob 401.00 404.40 400.20 40X10 -3.10 Mor 404.30 -3.10 Apr 404.30 409.30 403.30 407.10 3-20 Jun 410. tO 414.20 4I0.M 411.90 -3.30 Aug 416.30 -3.40
        183 words
      • Article
        Simex
        383 12 Trading on January 3, 1M0 Opon Mgh U» Son t* Vol Op/W Vet EURODOLLAR Mo. 90 91.91 91 93 91.91 91.92 2688 ***** 2400 Jim 90 92 08 93.09 93.07 93.0* 400 8626 1335 Sop 90 93.06 93.0* 93.06 93.07 166 1513 301 0K 90 9184 91.85 9184 91
        383 words
      • Article
        Lock icon IMM
        391 12 Reuter IMM CURRENCY futures closed the first session of the year with steep losses and near the lows of wide ranges. Demand for dollar at the start of the new year, particularly from corporations, fuelled selling early in the day. Selling picked up when the US purchasing managers' survey
        Reuter  -  391 words
      • Article, Illustration
        World interest rates
        163 12 Indicates the wiriy of ttw prime landing nIM of IS ma|or banks In t'pera Interbank market rates (offer/bid) on Jan 3 USS DM SWFC Y«n 7 d« r a i/l a )/a is i/a —is ai/i a j/a to i/i *•/<* J/i* I m* S/l* 3/1* IS
        163 words
      • Article
        Money markets
        61 12 THE overnight rate on the Singapore money market was 1/8 points higher at 5-7/16 per cent yesterday. Shortterm rates were 1/16 higher at 5-11/16 each. S$ Interbank rates at the close yesterday: OW» MO nigh. 3 7/1* 3 5/16 1-my* S 11/16 3 9/16 2-mart* 3 11/16 3
        61 words
      • Article
        Government securities market
        113 12 Treasury bills Poriod Issue Yestordoy's dosing Day's code Maturity WO Of«« HKX LOW 3 months RQ*****S 5.04.90 4.48 4.43 4.48 4.39 6 months 8S*****V 18.01.90 4.48 4.43 1 yoar 8Y*****Z 18.10.90 4.56 4.51 4.55 4.52 Government notes and bonds Poriod Issue Maturity Coupon Yostorday's dosing Day's cod*
        113 words
      • Article
        Options
        678 12 CURRENCY FUTURES OPTIONS mss January 3 1990 Mjjjj. M|f. y M> UU f Mg. n Jyt n DEUTSCHE MARK (SIMEX) 475 JO J 61.0 724 04 5.0 74 Dm M cart* Dac M p«M» )O0 29.5 43 0 344 44 114 I4J High Law M Ma* In Ml 323
        678 words
    • BANKING AND FINANCE
      • Article
        Lock icon CME achieves record turnover of more than 100m contracts
        326 13 Reuter VOLUME at the Chicago Mercantile Exchange (CME) rose 34 per cent in 1989, shattering an exchange record when turnover exceeded 100 million contracts for the year. The exchange, which has a mutual offset arrangement with the Singapore International Monetary Exchange
        Reuter  -  326 words
      • Article, Illustration
        Lock icon Chicago Board of Trade volume fell slightly last year
        444 13 Reuter VOLUME at the Chicago Board of Trade (CBOT) exceeded 138 million contracts in 1989. a modest 3.3 per cent fall from a year ago. The exchange reported lower futures volume in all but the financial contracts, which accounted for the
        Reuter  -  444 words
      • Article
        Prime wins $2.65m deal to install Citibank's data centre
        201 13 PRIME COMPUTER has been given a $2 65 million contract to install and commission Citibank's India Data Centre, which will be relocated to Singapore soon This data centre, to be fully operational by March this year, aims to improve the American
        201 words
      • Article
        Lock icon ADB cuts lending rate for ordinary loans to 6.33 per cent
        101 13 Reuter THE ASIAN Development Bank has reduced its lending rate for ordinary operations loans to 6.33 per cent annually from 6.37 per cent, effective as of Jan 1. The new rate, the lowest since the bank began operating in
        Reuter  -  101 words
      • Article
        Visitors to Singapore spent $837m through Amex in '88
        416 13  -  By QUAK HIANG WHAI VISITORS to Singapore spent $837 million through American Express (Amex) cards and travellers cheques in 1968, according to a survey released by the charge card company. At the same time, spendings by Amex's Singapore cardmembers overseas as
        416 words
      • Article
        Lock icon Warburg, Goldman Sachs head UK leagues for acquisitions, mergers
        261 13 Reuter BRITISH merchant bank SG Warburg and Co Ltd and Goldman Sachs International Ltd of the US top the 1969 UK league tables of financial advisers for mergers and acquisitions, according to a survey just published. The survey, by FT Mergers
        Reuter  -  261 words
      • Article
        Lock icon Boston bank unveils US$300m write-offs
        308 13 FT BANK OF BOSTON, the largest regional bank in New England, on Tuesday unveiled US$3OO million of fourth quarter loan writeoffs and announced the sale of its credit card business to Chase Manhattan. Analysts on Wall Street see the measures as part of the banks
        FT  -  308 words
    • COMMODITIES
      • Article
        London Markets
        201 13 London coppt Qr«d« a OnmmA/4l(u Co* 1489/1490 Commodity 0497/1498) 3-montfn 1499/1500 (1504/1505) Exchange 1475(1485) Ton* SoW* (5235) Tin (US$/tonn«) Buyer/Seller closing prices Co* 6750/6770 on Jan 2 (£/tonne unless 6940/6960) specified). Previous closing 3 mon,hl C7060/tS5 prices in parenthesis. s*tti*m*nt 6820 (6950) Coffee Too* Sale* (1981) Jan 628/630
        201 words
      • Article
        Lock icon Crude Oil and Products
        161 13 Telerate FUEL oil prices were stable to firm in Singapore. Sell indications for CSTIBO were reportedly at $110-Slll tonnes fob Sing. Players cited the firm Nymex close and bullish API stats as the primary reasons for the firmer prices. Mid to 2nd-half February prices were softer.
        Telerate  -  161 words
      • Article
        KL Tin
        143 13 THE tin price on the Kuala Lumpur Tin Market dropped 34 centa to end at M 518.04 a kg, mainly reflecting a price (all on the London Metal Exchange. Miner* also disposed of stocks for fear ot further falls In the near future, dealers said, adding that sentiment
        143 words
      • Article
        Soybean
        86 13 CBOT soybean futures throughout the day to close down 8-1/4 to 4-1/2 cents a bushel. Traders cited continued beneficial rains seen across the Brazilian soybean states Good growing conditions for the Argentine soybean crop added to the negative tone, as did a lack of scheduled tenders for US soybeans.
        86 words
      • Article
        Wheat
        127 13 CBOT soft red winter wheat futures closed 1/2 cent a bushel lower But new-crop July ended up 1-1/4 cents higher on continued fears about dry conditions in the Western wheat belt March settled at US$4 06-3/4 The lack of confirmation of a week-old rumour that the Soviet Union was
        127 words
      • Article
        Produce Prices
        182 13 Chinese Produce Coconut oil (m*/i<x* 0 Exchange dn ,nM e J. 2nd Hand drvm 116.00 SoUon non doting prtcos on 107 00 Jan 3 (SS/100 kg) Local In but I&100 (1.00 C °P rQ <M$/100kg) OM dnm K5i 91.00 No 1 (Mate) 6X00 Nn drw. KM 95.00 No
        182 words
      • Article
        Precious Metals
        215 13 HONGKONG: Gold closed lower in moderate trading on selling by Swiss, US and local traders following a lower close in New York. Bullion ended at U*****.90/U*****.40 an ounce against New York's US$399 50/US$4OO 00 close and an early U*****.30/80. The tael closed HK$54 lower at HK53,686. LONDON: Gold
        215 words
      • Article
        Rubber
        191 13 SINGAPORE: Rubber prices closed quietly steady with Feb 1 RSS buyer quoted at 159.50 cents a kg. down 0.25 cent from Tuesday's close On the TSR-20 Award market, prices held steady at overnight levels in quiet trade. February buyer was quoted at 148.50 cents a kg. unchanged from Tuesday's
        191 words
      • Article
        Palm Oil
        532 13 MALAYSIAN crude palm oil prices closed off the day's highs on lack of followthrough support and light speculative selling, reflecting late easiness in palm oil futures, dealers said. Operators liquidated positions while awaiting the outcome of India's RBD palm olein tender for prompt and nearby shipment, after its
        532 words
      • Article
        RAS and MRELB
        356 13 R AS prices In S c*nt»/kg, FOB In balM NOON CLOSE Buyers Sellers Buyers Sellers Inf I RSS Prompt 156.50 157.50N 156.50 157.50 Int 1 RSS Feb 90 159.50 160.00 159.50 160.00 Int 1 RSS Mar 162.00 162.50 162.00 162.50 Int 2 RSS OP 153.00 155.00N 153.00
        356 words
    • SES
      • Article, Illustration
        New year optimism sends STII to record close
        817 14  -  By ABDUL HADHI OPTIMISM over prospects for the new year drove share prices on the Singapore stockmarket to new highs yesterday. The Straits Times Industrials Index surged past its previous record of 1,505.40 set on Aug 26, 1987. The index rose 22.53
        817 words
      • Article
        SINGAPORE STOCKS
        238 14 Rises Choan Hup Wrti 32 +18.5% +5 PELS Wm 1994 211 +9.9% +19 Choon Hop 135 8.9% +11 Choan Hop Wt 94 62% 8 7% +5 HTP Hldgj Wrti 70 +7.7% +5 J C«m«nt 336 +7.7% +24 U O B Foreign 635 +7.6% +45 Nat Iron Wm 285
        238 words
      • Article
        CLOB INTERNATIONAL
        211 14 Rises Faber Merlin 59 22.9% +11 Mt Pleasure 501 6114 +17.1% +9 Universal Cable 7414 +16.4% +1014 C I Holdings 255 +15.9% +35 Alcom 151 +13.5% +18 YTL Corpn SOi 237 +11.3% +24 Owe Products 85 +10.4% +8 MA A 104 +8.9% +814 Idrls Hyd 5614+8.7% +414 P
        211 words
      • Article
        UNIT TRUSTS
        327 14 Managers' prlc« Royal Trust Asset Mgt UOB Management us$i88i for Jon 4 »T S pore Gr Fund '04 HO t »T Asia Pac Gr fund I 13 119 Un.bond I 05 I 08 Funds (USS) I. t 4 MARA-Bumiputra Company lost sol# Singapore Un.t Trust OCBC-Asset Mat 869
        327 words
      • Article
        COMPANY MEETINGS
        157 14 SEAL INCORPORATED BERHAD: 27th AGM at Site No. 30, Tasek Drive. Tasek Industrial Estate, Ipoh, Perak, Malaysia, today at 10 30 MALAYAN CREDIT LTD: EGM at Mandarin Court C. 4th Floor. Mandarin Hotel. Singapore 0923. on Jan 4, Thursday, at 10am CEREBOS PACIFIC LIMITED: Bth AGM at the
        157 words
    • SES SHARE INFORMATION
      • Article
        Untitled
        3298 14 Qr's Or« 1989/90 Tel Last Vol Day Last Quota Dhr Otv Y'ld Nat M Cap High Low Coda Company 8a la or- ('000) High Low Buy or Sallar C*w P/E SmN JAN 03 DEBENTURES. BONDS, LOANS 330 124 t 1543 CK Tang W1 1990 292 -14 2 292 292 290
        3,298 words
      • Article
        CLOB INTERNATIONAL
        2219 15 Gr'a Gr'a 1989/90 Tal Last Vol Day La at Quota Dtv D»v Y'W Nat M Cap Hloh Low Coda Company Sala or- ('000) H»gh Low Buyar Sallar C'vr P'E Smil JAN 03 HONG KONG STOCKS 1739 Cheung Kong 750 745 1341 HongkongBank 745 -5 65 750 745 740
        2,219 words
      • Article
        SESDAQ STOCKS
        284 15 SESDAQ 179* 60* t 4000 Amtek Eng 201 146 -2 35 149 146 146 147 6 ON 6 6 0 8 18 5 124.1 150 70V4 4006 Fuji Offset 201 122 -3 13 126 122 122 124 100N 4 6 1 6 13 4 40 3 330 138
        284 words
      • Article
        NASDAQ STOCKS
        268 15 NASDAQ 6000 ASK Computer 19/5 1900 6001 Adolph Coors 1975 1850 2300 4837Vi 3475 6003 Apple Computer 3700 3725 3825 6005 Charming S 6007 Cipher Data 6010 Daisy Systems 900 6011 Dresdner Bank ***** ***** ***** 5000 5000 6012 Ericsson Tel 5000 ***** ***** 3850 2325 6013 Intel
        268 words
    • KLSE
      • Article, Illustration
        Lock icon Bullish sentiment lifts index to record high
        3162 15 MBT BULLS remained unrelenting and share prices were chased sharply higher in feverish trading on the Kuala Lumpur stock market yesterday The buoyant sentiment resulted in record high prices and trading volume. The 30-counter New Straits Times Industrial Ordinary Share Index rose 47.20
        MBT  -  3,162 words
    • REGIONAL MARKETS
      • Article
        Lock icon Jakarta exchange learns the hard way
        739 16 CORRECTION GOOD FOR THE FUTURE, SAY ANALYSTS AFP THE FLEDGLING Jakarta Stock Exchange (JSE) is all the wiser for some hard lessons learned in the past year and. given Indonesia's economic potential, could match the bourses in Singapore and Kuala Lumpur, analysts say. "Some
        AFP  -  739 words
      • Article, Illustration
        Lock icon Taiwan probing big share broker default
        263 16 Reuter TAIWAN OFFICIALS are investigating a massive default on settlements at a local brokerage that could set a record for losses, a Securities and Exchange Commission official said. "The Bureau of Investigations is probing this case, but the investigation will take time," SEC vice-chairman
        Reuter  -  263 words
      • Article
        Lock icon BHP in oil exploration venture with Vietnam
        359 16 AFP AUSTRALIA is set to make its biggest investment in Vietnam with the announcement in Melbourne yesterday of a petroleum exploration agreement between the Broken Hill Proprietary Co Ltd and Petrovietnam. BHP's oil and gas subsidiary BHP Petroleum said it would spend As4B
        AFP  -  359 words
      • Article
        Lock icon New Zealand: Strong surge
        185 16 Reuter NEW ZEALAND shares closed sharply higher yesterday on low turnover in line with firmer markets overseas, brokers said. The index finished the New Year's first day of trade at 2,072.13. up 77.67 points from the previous trading day on December 29. 1969 Low turnover of
        Reuter  -  185 words
      • Article
        Lock icon Bangkok: Mild correction
        244 16 Reuter BANGKOK share prices closed slightly lower yesterday on expectations of a correction following a 10 per cent market gain over the past two weeks, brokers said The SET Index shed 2.45 points to finish at 697 16 with finance and construction issues leading the decline. Losers
        Reuter  -  244 words
      • Article
        Lock icon Jakarta: Turnover rises
        91 16 Reuter TURNOVER rose on the Jakarta Stock Exchange yesterday and brokers said sentiment was bullish on the first trading day of 1990 They said prices ended mixed, bringing the index 0 91 points down to 398 77 on turnover of 567.616 shares United Tractors posted the highest
        Reuter  -  91 words
      • Article, Illustration
        Moderately higher
        1253 16 Hongkong HONGKONG STOCKS closed moderately higher yesterday after profit-tak-ing trimmed a sharp early rise triggered by Wall Street's overnight jump. Brokers said the market was still very quiet and there was little local news to move it. The Hang Seng Index rose 20 65 points to 2.858.72 on
        1,253 words
      • Article
        Lock icon Seoul: Late recovery
        323 16 Reuter SOUTH KOREAN «tock prices rebounded in late trading yesterday after sharp early falls on the first trading day of 1990. with some private investors pouring in buying orders shortly before the close, brokers said. The composite index closed at 906.59. down 1.13 points from the previous
        Reuter  -  323 words
      • Article
        Lock icon Manila: Consolidation continues
        163 16 Reuter SHARE PRICES in Manila closed lower yesterday as the market continued to consolidate and brokers expect it to move sideways in the next few weeks The Manila Stock Exchange Composite Index tell 5.71 points to close at 1.109 74 from Tuesday's 1.115.45 The combined volume at
        Reuter  -  163 words
      • Article
        Lock icon Bombay: Shares fall
        201 16 Reuter BOMBAY share prices (ell yesterday on rumours the government plans to curb the use of corporate funds for speculating in the market. brokers said. The Finance Ministry's proposal to monitor companies public issues exceeding 500 million rupees affected sentiment, they said. "It is a fact that
        Reuter  -  201 words
      • Article, Illustration
        Lock icon Sharply higher
        571 16 Sydney Reuter AUSTRALIA'S share market closed sharply higher yesterday due to strong local and overseas buying spurred by a New Year surge on Wall Street overnight. brokers said. The All Ordinaries Index finished 32.6 points stronger at 1,666.2, its high for the day. Brokers said a 57-point jump
        Reuter  -  571 words
    • WORLD MARKETS
      • Article
        Lock icon Eurotunnel close to extra £1b funding for Channel link
        439 17 Reuter EUROTUNNEL plc/SA is expected to announce next week an agreement with its bankers for around £1 billion of new funds for the cross-Channel link, a source close to the negotiations said in London. "We can expect to see something resolved
        Reuter  -  439 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1746 17 Reuter FRANKFURT: West German blue chips powered ahead to record highs yesterday, still riding high on foreign demand which buoyed the market last month. The DAX Index of 30 blue chips rose smartly by 55.28 points, one of the largest singleday gains on record, to end the
        Reuter  -  1,746 words
      • Article, Illustration
        Lock icon Dow up 57 points to new record
        962 17 New York Reuter WALL STREET stocks staged a powerful New Year rally and closed at a record high on Tuesday. Analysts and traders cited several reasons including a stronger US dollar and new money in the hands of investment managers at the beginning
        Reuter  -  962 words
      • Article
        Lock icon Tate and Lyle to sell North American motor parts business
        314 17 FT TATE AND LYLE. the UK-based international sweeteners producer. is to sell its North American motor components business for U*****.5 million. The buyer is Hidden Creek Industries, a subsidiary of Onex Corporation, the diversified Canadian holding company which specialises in
        FT  -  314 words
      • Article, Illustration
        Lock icon Index hits new high at midday
        843 17 London AFP LONDON SHARES soared to a new all-time high at the opening yesterday after a record overnight performance on Wall Street, and went on to register further gains by midday. By noon the Footsie 100-Share Index was ahead 29.3 points on Tuesday's close
        AFP  -  843 words
      • Article, Illustration
        Lock icon Toys R Us pulls ahead on strong Christmas sales
        489 17 Reuter TOYS R Us Inc's surprisingly strong Christmas results is expected to help consolidate its leadership position among toy retailers at a time when the overall toy industry (aces weakening sales. The Paramus, New Jersey, company said sales for its eightweek
        Reuter  -  489 words
      • Article
        Lock icon Union Pacific sells its real estate assets
        358 17 NYT UNION PACIFIC CORP has agreed to sell most of the assets of its Union Pacific Realty subsidiary to a California real estate investment firm for about US$532 million. The firm. Koll Co. will acquire about 15.000 acres and 30 buildings. mostly in
        NYT  -  358 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      108 10 FOR BITS AND BYTE& Geared to keep the busy business >v J executive abreast of new technologies he can exploit to full advantage, the 1 TECHNOLOGY page provides news, J reviews and features in the areas of V information technology, biotechnology, electronics and just about everything high-tech. Although its primary
      108 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      56 11 aft** rn HONGKONG mnm UH—wm BUS gifts and *ii HOUSEMME FAIR'9O X he event of the year for wrapping up new SEE THE LATEST IN GIFTS AND HOUSEWARE UNWRAPPED hlk* Hong Kong °1E Trade Development Council 36»h-33lt\ Ftoty o"ce Tonw Convention PWa 1 Ha'toou' Road Hong Kong Telephone 852 T«4e«
      56 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      9 12 MANAGERS MUST MANAGE BT shows you how every Monday
      9 words
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      Page 12 Advertisements Column 2
      72 12 FOR IMPORTERS AND EXPORTERS. SHIPPING TIMES covers all aspects of local and international shipping (except, of course, the really technical aspects). The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date news of what's
      72 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      459 16 NOTICES i A 1 IN THE MATTER OF ol THE COMPANIES ACT. CAP 50 AND 2! IN THE MATTER OF A COMMASS PRIVATE LIMITED Si (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY 1 WINDING-UP At an Extraordinary General Meeting ol the Company duly convened and held at 248C-1 Orchard Road, Singapore 0923
      459 words
    • Advertisement
      Page 16 Advertisements Column 2
      539 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SAPNA HOLDINGS PTE LTO (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting ol the members ol Sapna Holdings Pte Ltd duly convene and held on 29 December 1989 at 10 00 a m at 51 Anson
      539 words
    • Advertisement
      Page 16 Advertisements Column 3
      244 16 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. Navl Marine Services Pte Ltd of 1. Maritime Square. #09-37 World Trade Centre, S'pore 0409 hereby give notice that in consequence of our Intended purchase of the motor tanker "TSURUHA MARU" we have applied to the Registrar of Singapore Ships under
      244 words
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      Page 16 Advertisements Column 4
      134 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OYSTER BAY SHIPPING CO PTE LTD Advertisement of Creditors Meeting Under Section 296 NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act, Cap. 50 that a meeting of the creditors of the abovenamed
      134 words
    • Advertisement
      Page 16 Advertisements Column 5
      16 16 The Tokyo and Taiwan markata wara closed yesterday for New Year's day and bank holiday respectively
      16 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      315 18 r U/frere to entertain... Where tv entertain... Where to entertain... Where to I Some like it hot. B Wi: Jral|HHNKHQ|^' ft, I fi y 10^ II Spicy Szechuan dishes served at lunch and li dinner daily in the cool, inviting atmosphere of I Szechuan Court. I Reservations, *****10 or *****85
      315 words
    • Advertisement
      Page 18 Advertisements Column 2
      83 18 mine couiw hotel No. 1 Tanglin Road Singapore 1024 Tel: *****33 Dine under the stars stars A>> (minimum two persons). A i/ 1 variety of BBQ items are also 1 available as side orders. i '.H. Served from 7pm to 10pm V, at the poolside flevel 5). m All prices
      83 words
    • Advertisement
      Page 18 Advertisements Column 3
      119 18 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 1 lam to I lam II Friday and Saturday 11am to 2am p~ f B Live entertainment I \9r
      119 words
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      Page 18 Advertisements Column 4
      222 18 s J skz 4 2 20 January Adults Children below 12 $15 50 $10.00++ (Lunch Dinner) (Lunch Dinner) Cafe Plaza Plaza Hotel SIWOAPOBt BeartiKoad Sm«aporr 0719*4 *****11 nA^r^\ Cround V J n r 24 hours daily 9 Temptations served round the clock... Only at Cafe Excelsior A delightful selection of
      222 words
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      Page 18 Advertisements Column 5
      207 18 S! MHBM: Hi To those who've yet to discover the true flavour of Hungarian Cuisine Unravel the delights of Hortobagyi Husos Palacsinta, Esterhazy Rostelyos and over 60 Hungarian favourites. Hungary, anyone? HUNGARIAN BUFFET LUNCH 2 31 January "90 noon 2.30pm Adult: S36+ child below 10: SlB+ We serve the world
      207 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      839 18 IHHSfiraftß r- QRP 19 5.30 Mighty Mouse and Friends. 6.45 One Plus One (C). 8.35 Sandiwara Semasa Purasan Bintimn JPU IL 5.55 Arena 25th Photokma in Co- 8.00 News at Eight (C). ahar I Ci\ L/C LI II IC iyi ou togne (M) 8.30 Studio One Presents (C. L). 9.30
      839 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Hits hot and heartwarming in London's West End
      636 19  -  THEATRE By SHERIDAN MORLEY IHT AS THE ONLY major London theatre opening over the Christmas and New Year recess has been a somewhat lacklustre revival of Thark at the Lyric Hammersmith, a haunted-house farce by Ben Travers that badly shows its 60
      IHT  -  636 words
    • Article
      Lock icon American joins Japanese traditional group
      701 19 MUSIC NYT JAPANESE visitors streaming into Tokyo's Kanda Shrine to offer prayers for good luck in the New Year may have been startled to see an American playing in a five-man ensemble that performs traditional festival music on the shrine grounds. Although George Durham, a
      NYT  -  701 words
    • Article, Illustration
      Lock icon A designer who dealt in happiness
      345 19  -  OBITUARY BY SUZY MENKES IHT PATRICK KELLY, the first American fashion designer to make it in Paris ready-to-wear, died on Monday in the city that had taken him to its heart. Mr Kelly died at the Hotel Dieu. a hospital near Notre Dame. The
      IHT  -  345 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      177 19 entertain.... J I Happy I Hours In I The PXuk. I I Our early evening Happy Hours at The I Fountain Lounge are simply delightfuL For H every drink you order you yet the next one free H Plus, you yet 25% off bottle purchases. And B I to make
      177 words
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      Page 19 Advertisements Column 2
      213 19 <3B K\\ *fUwdli The on/y word necessary to describe at our servings at TIENGOURTA Sichuan CuMne A* Our ever popular Steamboat will make your dining out a true pleasure. KING'S HMtock Road. Singapore 0316 TEL: *****11 tMbtfOH All manner of Teochew delicacies await you at two very convenient locations on
      213 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      635 19 CRYPTKJ 12 Can you wear some 21 It's comparatively easy to take a politician in 21 Vessel with some 14 Unwell (3) (7) paste in? (5) 16 Greek letter (5) 22 Speed of charge (4) 23 Went back for the rest 17 Simple weapon (5) 23 Had this parliament of
      635 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      731 19 RADIO Radio 5 Highlights String Orchestra and Nicola LafanThe Proms, 10.02 am The H,dd The performers are The Philip Jones Brass From the Henry Wood Promenade Ensemble and The BBC Symphony Concerts, we hear Strauss s Die Fie- Orchestra conducted by Norman Del dermaus, Mozart's Piano Concerto ar No 17
      731 words
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  • Article, Illustration
    Local MiniScribe operations to go on
    464 20  -  DISK-DRIVE MAKER FILES FOR PROTECTION AGAINST BANKRUPTCY IN THE U.S. By JOHN TAN DISK-DRIVE MAKER Mini Scribe has filed for protection against bankruptcy procedures in the United States, but its Singapore subsidiary is confident that this will not spell the end of the road
    464 words
  • Article
    PM Lee visiting Taiwan and Hongkong
    64 20 PRIME MINISTER Lee Kuan Yew leaves today for a week-long visit to Taiwan and Hongkong. A Ministry of Foreign Affairs statement said Mr Lee will be in Taiwan from today to Monday, before visiting Hongkong from Jan 8-10. During Mr Lee's absence, the First
    64 words
  • Article
    Lock icon China, Australia deny deal on dissident Fang
    123 20 Reuter CHINA and Australia yesterday denied that a deal had been reached to free leading dissident Fang Lizhi and his wife who are taking refuge in the American embassy in Beijing. A China foreign ministry spokesman described reports that the couple would be
    Reuter  -  123 words
  • Article
    Trade deficit rose by $1b to reach $9.6b in first 11 months of 1989
    451 20  -  By LEE HAN SHIH SINGAPORE'S external trade grew 10.7 per cent in the first 11 months of last year to reach $167.6 billion, with the growth of imports slightly outpacing that of exports. Figures released by
    451 words
  • Article
    Lock icon Malaysia registers lower trade surplus of M$5.93b
    376 20 Bernama MALAYSIA registered a trade surplus of M 55.93 billion for the first ten months of last year, 40.9 per cent lower than the surplus of M 510.03 billion for the corresponding period in 1988. The Malaysian Statistics Department yesterday attributed the significant
    Bernama  -  376 words
  • Article
    Lock icon M$30m Sabah housing scheme ill-considered: commission
    168 20 Bernama A Ms3o million housing scheme in Kota Kinabalu to resettle squatters by the previous Berjaya state government was implemented without proper planning and was not financially feasible, says the findings of a government-appointed commission of inquiry released yesterday. It said the Tanjung Aru
    Bernama  -  168 words
  • Article
    Lock icon Manila business prospects still good: real estate firm
    331 20 Reuter AYALA CORP, the Philippines' largest real-estate company, says business prospects are still good, but fears of another coup remain the biggest threat to economic recovery for the country in 1990. "Hopefully, there will be no jokers who are going to start
    Reuter  -  331 words
  • Article
    Lock icon Suharto urges Opec to keep long-term oil prices stable
    189 20 AFP INDONESIAN President Suharto yesterday called on Opec member states to keep oil prices stable over the long term in the best interests of consumers and producers. "This is not only important for producers, especially those in Opec. but also for
    AFP  -  189 words
  • Article
    Lock icon Tokyo firm plans to launch space hotel in 30 years
    358 20 AFP IN THREE decades, well-heeled tourists seeking out-of-this-world vacation thrills will be able to book rooms in the first space hotel, according to a Japanese firm in Tokyo that is planning the project. The project is currently under close study
    AFP  -  358 words
  • Article, Illustration
    Zhao-supporter likely to quit as Xinhua's HK director soon
    509 20  -  By FOO CHOY PENG A CHANGE at the helm of Xinhua News Agency in Hongkong, otherwise described as the colony's "shadow government", is expected soon. BT understands that the current director, Xu Jiatun, is likely to announce formally his retirement within
    509 words
  • Article
    Lock icon Comex gold and silver
    108 20 Reuter COMEX gold futures stayed under pressure for the second day. with early losses of more than US$5.OO following a firm dollar. In a choppy market. February gold lost US$5.lO to US$396 00 an ounce after spiking through sell stops at US$4OO.OO. Analysts said the commission
    Reuter  -  108 words
  • LATE FILE
    • Article
      Lock icon Malaysian rubber bureau for China
      37 20 Reuter MALAYSIA will set up a rubber bureau in Beijing to provide a technical advisory service to users of Malaysian natural rubber, the Malaysian Rubber Research and Development Board said yesterday. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Tokyu not buying Bloomingdale's
      32 20 AP JAPAN'S Tokyu Department Store said yesterday that it had decided not to join in a proposed management buyout of the well-known US department store chain Bloomingdale's. AP
      AP  -  32 words
    • Article
      Lock icon Bond's case: US creditors' stand
      32 20 AFP US CREDITORS of Bond Brewing Holdings Ltd yesterday declared their interest in court proceedings which will determine the fate of the corporate empire of Alan Bond.
      AFP  -  32 words
    • Article
      Lock icon Vietnamese party chief to resign
      40 20 Reuter VIETNAMESE Communist Party secretary-general Nguyen Van Linh will resign at a forthcoming party meeting, Vietnamese officials said yesterday. The 74-year-old Mr Linh will step down from the party's top post for health reasons. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Court order in Lorrain case
      51 20 Bernama MALAYSIA's Supreme Court yesterday upheld a High Court decision ordering Datuk Jaffar Indot. a former director of the Shell group in Malaysia, to pay M 5500,000 to former Bumiputra Malaysia Finance chairman Lorrain Esme Osman. The amount was a loan given to Datuk Jaffar.
      Bernama  -  51 words
    • Article
      Lock icon Construction spending rises
      35 20 AP US CONSTRUCTION spending rose 1.5 per cent in November, rebounding from a 0.1 per cent decrease in October and reaching a 10month high. Construction spending totalled U*****.7 billion in November. AP
      AP  -  35 words
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      70 20 Huflv Big Game-NEW ZEALAND Fallow Deer USS23OO Red Stag US$36OO Chamois USS2BOO Tahr USS3BOO FOR TOTAL ATTENTION ONLY 1 HUNTER IS BOOKED AT ONE TIME PRICE INCLUDES: Transport Irom Christchurch. 2 DAYS Hunt with accommodation. Meals. Liquor. Experienced Guide. All License/ Permits rifle and preparation of Trophy V i HUNTING
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      122 20 A BIGGER BANG FOR THE AEROSPACE BUCK y* It pays to advertise in Business Times' ASIAN (AJfaer|s RACE'9O supplement the official business daily of the air show. y As in past years, Business Times will publish an aerospace supplement, on February 14, 1990 the very day that ASIAN AEROSPACE '90
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Tubes of cocaine found on ship
        95 21 AP COCAINE WORTH US$4.2 million was stashed in two waterproof tubes attached to the outside of a Colombian ship's hull, according to police who seized the drug and arrested four men in diving gear. Police divers worked for more than 16 hours to detach
        AP  -  95 words
      • Article
        Lock icon Frozen Food to add fuel surcharge
        55 21 Reuter FROZEN FOOD EXPRESS Industries, Inc. said it will add a 4 to 5 per cent fuel surcharge to its shipping rates effective immediately. The firm said rising fuel prices forced them to impose the surcharge, which will be adjusted each week as petrol
        Reuter  -  55 words
      • Article
        Lock icon Search continues for missing plane
        107 21 AFP AIR AND SEA SEARCH continued yesterday to locate a charter plane with 16 people aboard believed to have made an emergency sea landing north of Jakarta on Tuesday, the National Search and Rescue Agency (Basarnas) said. A CASA-212 plane of the Pelita Air Service
        AFP  -  107 words
      • Article
        Lock icon Ship carrying scrap refloated
        66 21 Reuter THE ST VINCENT and Grenadines-registered Volga was refloated late on Dec 31 after being grounded 55 miles off Kutubdia lighthouse, Bangladesh, since Dec 21, Lloyd's Shipping Intelligence Service said. The 6,584 dwt vessel, carrying 4,479 tons of scrap materials, was refloated with the assistance of
        Reuter  -  66 words
      • Article
        Lock icon Awaiting dry dock inspection
        92 21 Reuter THE DANISH BULK CARRIER Elsam Jylland, now in the port of St Nazaire, France, is waiting for the dry dock to ascertain the extent of damage, Lloyds Shipping Intelligence said. The 137,000 dwt vessel, which was in ballast, was towed into the port on Dec
        Reuter  -  92 words
    • Article
      Lock icon Construction of reefers likely to result in US$50m loss for Hellenic
      180 21 Seatrade Week THE CONSTRUCTION at Hellenic Shipyards of a series of four 4,800 cu metre reefers for the Soviet Union will have resulted in a loss to the yard of US$5O million by the time the last of these
      Seatrade Week  -  180 words
    • Article
      Lock icon Clean-up crews continue fight against oil spill
      306 21 AP CLEAN-UP CREWS continued work to protect Moroccan fisheries, a flamingo breeding ground and resort beaches from a 260 sq km oil slick in the Atlantic Ocean Helicopters sprayed chemical agents on the oil to make it sink, and crews vacuumed some of
      AP  -  306 words
    • Article
      Index to advertisers
      929 21 Poga Column ABC Contoinerline Thirteen 5 Accord Shpg Tan 3/4 Albotros Sea-Air Sevan 5 A PC line Seven 5 API Five 3-5 AFS Thirteen 3 Arrow lines Nine 5 Alion Express Six 4/5 ANl Three 1/2 ASCI Five I Bolt Canada line Eleven 4/5 Boll Orient line
      929 words
    • Article, Illustration
      Call to boycott FEFC will not work, says non-conference line
      505 21  -  By YUSMAN NAWAZIR THE CALL TO BOYCOTT the Far Eastern Freight Conference (FEFC) and use non-conference vessels instead will not work, a major nonconference line said. This is because non-conference liners will be unable to cope with demand, said a
      505 words
    • Article
      SNSC's call unlikely to affect rate restructuring
      307 21  -  By JEAN FOONG THE SINGAPORE National Shippers' Council's (SNSC) call to use non-Far East Freight Conference (FEFC) carriers may not change the conference's mind on the rate restructuring. say industry sources. "These outside carriers, which comprise mainly smaller lines, cannot compete on an
      307 words
    • Article
      MISC acquires another product tanker
      165 21  -  By YUSMAN NAWAZIR THE MALAYSIAN International Shipping Corporation (MISC) has acquired another product tanker, boosting its fleet to three coastal vessels. The national carrier took delivery of M V Bunga Kasturi last November from Tres Feliz Naviera SA. a Panamanian-incorporated company based in Osaka, Japan.
      165 words
    • Article
      Navcom Asia 90 draws 50 firms
      90 21 ABOUT 50 companies from Singapore and other countries will participate in the Philippines' first International Maritime Exhibit set for March 7 to 11. The exhibit, Navcom Asia 90. will showcase state-of-the-art navigational communications technology, shipping equipment, cargo handling, container systems and other related maritime
      90 words
    • Article, Illustration
      Lock icon The big switch in electronics
      1418 22 Asian electronics firms are having second thoughts about setting up their production facilities in China given the current unrest, and are looking at alternative sites in the region. This Lloyd's Maritime Asia article takes a look at both the alternatives and constraints faced by these
      Lloyd's Maritime Asia  -  1,418 words
    • Article
      Gimpel named CEO at Port of Oakland
      430 22 NOLAN R GIMPEL, who served in a variety of top executive positions for American President Companies during the past 11 years, has been named to the new position of chief executive officer of the Port of Oakland. As the chief executive of the
      430 words
    • Article
      Cockett bunker report
      777 22 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated, I The Cockett Bunker Price Index change and
      777 words
    • Article
      SHIPS IN PORT
      1642 22 AT CONVENTIONAL WHARVES Vaaaal Voy No Dai tfi Arrival Diptrtwi Kappat Wharves Abboy Wo« 22WB HJi otoogvd# 0601 2300 Do.ywm»<o« 4 89 <29 olo<v>K)« OS 01 2300 EquOXv 1901 K20 oloflgud* 0401 0600 Ho»w lutwek 84 K3J ato«g%Mim 0601, 2300 MNxjuo* 8 *32 aiongvoe 0V 01 0600
      1,642 words
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      London Freights
      786 23 FEW fixtures were seen following the New Year holiday, although there was certainly more enquiry circulating the dry cargo freight market on Tuesday, brokers said. Market operators are generally looking for a seasonal rise in freight rates in the next few weeks, and freight futures are already showing
      786 words
    • Article
      Shipping diary
      186 23 Jan 9 Technical developments in marine refrigeration. technical meeting. Institute of Marine Engineers, 1730 hours (GMT). The Memorial Building, 76 Mark Lane. London EC3. Jan 15-Sept 30 Diploma In Shipping A Pod Management: Conducted by Port of Singapore Authority at Training Department, Tanjung Pagar Complex. Tel: *****25. Jan
      186 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11105 28 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore
      11,105 words
    • Article, Illustration
      Lock icon Panama Canal's problems solved by US
      551 34 Reuter THE US INVASION of Panama has solved serious problems facing the Panama Canal which could have forced its temporary closure, its new acting administrator said. Fernando Manfredo, the first Panamanian to head the canal in its 75-year history, said he was also more
      Reuter  -  551 words
    • Article
      Lock icon OOHL to sell seven tankers to Ming Wah
      182 34 Seatrade Week ORIENT OVERSEAS HOLDINGS LTD (OOHL) intends to sell seven tankers to Ming Wah Shipping for a net US$2l6 million. The sale marks OOHL's exit from its non-core bulk business and is one of a series of moves aimed at simplifying
      Seatrade Week  -  182 words
    • Article
      Lock icon Soviet ship likely to load French soft wheat
      310 34 Reuter A SOVIET SHIP is expected to arrive in the port of Rouen in the next few days to load 40,000 tonnes of French soft wheat for export to the Soviet Union, port sources said The sources, who asked not to be
      Reuter  -  310 words
    • Article
      Lock icon Kharg-5 spill raising concern about safety of ageing supertankers
      379 34 AP SHIPPING EXPERTS expressed concern on Tuesday about the safety of ageing supertankers following a tanker explosion and massive oil spill off Morocco that threatened its coastline. "It's certainly true that the world tanker fleet is ageing," said Geoff Garfield, shipping
      AP  -  379 words
    • Article
      Lock icon Weekly freights
      835 34 AFP TRADING in the freights market turned quiet in the final two weeks of 1989. and the Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) drifted back, before recovering some ground to show a net loss in the period of 11 points at 1.592 But traders
      AFP  -  835 words
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      30 21 lively BIKSSway with IDIOMS words Available at all good bookshops Fed fal Publication* For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
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      18 21 Lines and services represented by Members of the Registry of Accredited [>nMaM Shipping Agents. Singapore National Shipping Association.
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      3 21 See BACK PAGE
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      Page 21 Advertisements Column 4
      270 21 How to look after AvtilMt nwdty m^or STP Distributors bookshops ami nna-*f*ds INSIDE :j Big switch in electronics ASIAN electronics firms are having second thoughts about setting up their production facilities in China and are looking at alternative sites in the region. A look at both the alternatives and constraints
      270 words
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      89 22 Contact telephone numbers (Tanjonq Pagar Terminal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone CI —*****20/32 M 792 C 4 *****24 C 8 *****63 CIN *****20 C 5 *****43/*****45 C 9 *****84 CIS —*****92 CSN —*****43 CIO *****70 C 2 *****51/*****53 CSS *****45 CI 2 —*****54/*****42
      89 words
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      2166 23 KV lODINE dnWKTßuau %ml|f/ 200 Cantonment Road #12 05 Southpo.nl. Singapore 0208 IH *****11 TELEX NO RS 2417) WfTTTlll TERMINAL/CFS Tel *****18 220 W T< DCOQ3 1 bookings t«i *****34 23s VAy A PiSAKA JARDINE SHIPPING AaNCIESSON BHD BfekWdrifli PORT KELANG TEL *****18 fete, No. MA^AfAJWOt 2 ■JPPHPPWI PENANG TEL
      2,166 words
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      2347 23 Vhui Voy ETA ETD "Port 'Penang DESTINATIONS Singapore Mling J Thi» Marll M Feeder by {V^RJ22SHdSSK9EBS^I!BSI3&3H^XS cv «/i 0400 mrs m F«rco mmm mmmm CFS B/1 1800 MRS M Tauro OAK I LOS MOU MEM ATL I MIA CHS BAL PHL NYC MOW TOR MARIT M 9002 9/1 10/1 In
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      1157 24 ROTTEROAM/I VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 1 07/501 4/1 29/1 23/1 2571 22/1 28/1 ORIENTAL BAY 00/502 4/1 6/1 24/1 28/1 28/1 29/1 31/1 BONN EXPRESS 05/505 11/1 12/1 30/1 2/2 4/2 5/2 7/2 CAROtGAN BAY 93/504 11/1 5/3 30/1 1/2 29/1
      1,157 words
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      659 24 pOim^ACIFICSERVIC^^^^I I SIN LAE SUV PPT I ISLA FLOREANA 23/1 7/2 14/2 20/2 I AGYON SPYRIDOM 25/2 9/3 17/3 23/3 I I DIRECT CHILE SERVICE I SIN IQQ ANF VAP I ISLA FLOREANA 23/1 2/3 4/3 7/3 I I AGYON SPYRIDOM 2S/2 5/4 7/4 10/4 I Agents: I m Singapore
      659 words
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      1393 24 mr&mMfflSM sm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM PRS ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SUSAN 841-3 05/01 09/01 22/01 27/01 29 U1 31/01 02/02 03/02 04/02 0502 06/02 NORASIA SAMANTHA 8942-3 12/01 16/01 29/01 02/02
      1,393 words
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      1442 25 Steamers Maritime Holdings Ltd| I to P&o Iff 3 I TOE* Containers I Spor. PKUof ston Mbur Btavn *<Um Loh ACCEPTS CARCO DUE SAILS I OmiHTM. •W' Wn 251 22} I macimi i OWI 21*1 3*l 22/01 21*1 I UiQl 12*1 xvm Oltt W W» M KRIS MELELA VOIE Skan.
      1,442 words
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      980 25 TO: EUROPE TO: FAR EAST IN RDM HAM BR£ FIX SWM HK KAO BU uAkiiiKt ifmawbf ffIVSW ttl 24/1 ?V1 *1 nil m HANJIN OAKLAND HK (0/1 11/1 W lift 1X n 58 bw 8 5t choyang success oom ivi m m na m 07 2 W m IW 12/2
      980 words
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      Page 25 Advertisements Column 3
      318 25 SPECIALIST IN RO-RO& HEAVY LIFTS! I COLOMBO SRI LANKA I I ETA SPORE 8/1/90 P"' I ETA P.KELANG 10/1/90 K; 1 < I I ETA COLOMBO 16/1/90 L. I M.V. "COSMIC PIONEER" Voy 3 I-i llMLintermaritimeL I SOUTHERN AFRICA SERVICE I I DIRECT MONTHLY SAILINGS I I KK SPORE PK
      318 words
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      761 26 ESmMMHWI I IRANIAN SERVICE I I Singapore Loading far:- I I HUN EKRAM PJL73O IN PT BANDAR ABBAS J I; I DIRECT SERVICE (B/BULK CONTAINER) I ETA SPORE GUAM SAIPAN I 'SPARKLE V 4 SID 12 JAN 13/14 JAN I ISPAHKLE V 5 24-25 JAN 5-6 FEB 6-7 FEB I
      761 words
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      815 26 (R) HANJIN SHIPPING I FULL CONTAINER SERVICE vr-sr ktsf- HANJIN L£ HAVRE OObW W W W> »> HANJIN OAKLANO MM 111 U BOSK) M WW HANJIN HASAN OUW I*l 31/1 W g CHOTAIK SUCCIM NK Ufl I M POHANC Ml IM IM CHOYANC PARR 00b* 20/1 //2 W V 1W
      815 words
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      1316 26 l|| T_ l I—J —J 1 I iAUMB3MfIiAiMMMB*B* pkl sgp i«ciati(itMiwo»TToi»LUi»jywwiijt»|* EVER CERTRY *I**lll/1 wiu/iM/in/ii*i2ifii7/2«jao w M M IMR EVER GATHER W1 *1 W IS/1 I*l 22/1 *1 2*l Mfl 2W VJ ,S J? 5 S EVU GRACE U|l M «1 M ffll M M W UJ W 1« S
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      1176 27 ISM.'Si:M PACIFIC INTERNATIONAL LINES (PTE) LTD J ■BW PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel. *****33 vessel VOY SIN jkt my VOY hko vok nqo km mm kee kao mo MAJAPAHIT 4MB MM 0/01 IMI MNO IMI 27/01 2MI 20/01 31/01 VO2 "J 2 OOWA MM 12/01 IMI
      1,176 words
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      Page 27 Advertisements Column 2
      658 27 EXPRESS CONTAINER SERVICE TO UK/CONTINENT S PMt P KLAK STO* MAM HAWH ROAM HAVRt ort«ntji by vi *1 an an an w T i vi an an an an an Boon Fiprm 11/1 12/1 Mil U2 1/2 4/2 4/2 cirthan b, ii/i in an ut an vi ■mUtr irn 14/1
      658 words
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      Page 27 Advertisements Column 3
      345 27 DJASAGETRI A Joint Europe B«rvico Of: P.T. DJAKARTA 110YB F T. SESMI HOTD r.T. IMNKM INOOKSIA P.T. TMKOM LLOYD s EXPKSS SUH-CMTAMEHSMP SEMCI VSL/VOY SPORE ROAM/ H'BURG/ BREMEN ANTWERP ADAM S PANJANC/24W8 20-23/1 17(1 22/2 2S/2 21/2 SRIWI JAVA.ffIRB IS-U/2 14/3 11/3 21/3 2S/3 FAST TRANSIT TIME ACCEPTING BREAKBULK/COMTAMERISEO CARGO
      345 words
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      534 27 loan MYANMA ÜBOL FIVE STAR UNE V (Burmese National Line) Loading for Yanjon (Rangoon) S pore P.Kelang Penang Bangkok f. LASHIO VIM 5/7 JAN MERGUI V*H 24 OCC/4 JAN pinva nam 12/n jan iPAGAN VISOW 10/13 JAN MERCUI V/ 97 24/29 JAN THE BANK LINE J S"tf?inT*PAliui'v cc I EXPRESS
      534 words
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      270 28 >— —TTweekly STRAITS/MADRAS CONTAINER service fl yp7/ I DAILY LCL RECEIVING AT OWN CFS I J PENANG VESSEL P. KELANG SPORE MADRAS (FE ER) LEUVE V 9116 Jjf JS(J MACOLINE 9 MELITA V9OQ2 HA 12 g jgJj 1 LEUVE V 9117 22/1 27/1 BOOKINGS: S PORE *****22 PK (03) *****77
      270 words
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      146 28 REGULAR CONVENTIONAL SERVICE SE ASIA/CHINA Vessel S pore P Gudang PV Loading For DADE IN PT HUANGPU CHANGDU 6/1 HAIKOU •JIANCHANG 13/1 HAIKOU •(REGULAR SERVICE TO HAIKOU) SCHINDON TRADE FREIGHT SERVICES 47 BEACH 80, #05 0* KHEMQ CHtU BLOO. TEL: *****74/*****03/*****17 FAX: *****44 TLX: R3 ***** ——hmamJ^mmmmmm——mmmi^ I —ST SOON
      146 words
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      111 28 FCL/LCL Acceptance Weekly consol at our CFS to Aistratta: Sydney, Melbourne, Fremantte. Brisbane, Adelaide tttv ZlltlS*: AM Ports IU Al Ports Earepe/HK: All Major Ports Far last: Bangkok, Hongkong, Keeiung, Kaostwung, Maria, Tokyo, Yokohama, Kobe Warehousing Tran»portatlon (1988) Pte Ltd Direct Tel 861-5060. 861-5324 Reception: 861-1911 Tlx: RS ***** Fax:
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      64 28 CR NO. IM2MMMOG BANGKOK VESSEL/VOY SIN BKK Piya Bhum 207N 7-8/1 10-11/1 Siri Bhum 431N 8-9/1 11-12/1 Ratana Bhum 32N 9-10/1 13-14/1 Jaru Bhum 54N 5-6/1 8-9/1 CEBU/MANILA VESSEL/VOY SIN CEBU MANILA S O. Asia 01R 5/1 11/1 13/1 Aka Bhum 02S 12/1 18/1 20/1 DIRECT TO NAHA (OKINAWA) fcl,
      64 words
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      821 29 BKS== InterCoa mamiiimi nr. in> lEp^ FCULCL TO: FAR EAST JAPAN EUROPE FIJI ISLAND KAOHSIUNG —14/1 TOKYO —11/1 LE HAVRE —15/1 bflwl o**0** ""ll'/l KEELUNG —14/1 YOKOHAMA —11/1 ROTTERDAM —15/1 SUVA —11/1 MANILA —12/1 KOBE —11/1 UK PORTS —15/1 BANGKOK -12/1 HAMBURG -15/1 BUSAN -11/1 GOTHENBURG-15/1 HONGKONG —11/1 W ScanDutchtt
      821 words
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      Page 29 Advertisements Column 2
      567 29 iloJloud CALL NEDLLOYD'S hotline for fast service to NecMoyd Lines east africa EXPORT I IMPORT NEW ZEALAND/FIJI ZEALAN s>r VESSEL Hm Mj *P«n "Si Sin S'baya Auckland FijKA) N Tiwaru Lyttelton<B) Dun«din<B) Napier «Mhnjton(C) Tauranga n lodwsWr/WMN )3/ 15/1 N loo»vW20 2/1 «/l 2/1 2/1 VI >0/1 1/2 *2 I
      567 words
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      1016 30 liiUSiill VOY *INDO 'PK/PNG [sGP LB CHLS NFK NYC HFX OOCL fWITUNE II 1/1 2/1 4/1 27A 6/2 1/2 10/2 14/2 AMBASSADOR BRIDGE 26 8/1 9/1 Ufl 3/2 13/2 15/2 17/2 21/2 NEPTUNE GARNET 24 15/1 16/1 18/1 10/2 20/2 22/2 24/2 28/2 OOCL FAIR 18 22/1 23/1 25/1 17/2
      1,016 words
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      81 30 IS 1 pore P.KeUng Loading for I IsAMICK NORDIC Sid 5/1 Rdm,Antw/UK/N»ntes I ■dORr SKY 5/1 Bfl Rdm/Antw/UK/Nantes I HIARKA L 15/1 U/l Rdm/Antw/UK/Nantes I I S pore Loading for I I WANI SWAN 7/1 Jeddah/Aqaba I I SARLA 10/1 DutMi/Oamman,Kuwait/Mina Qaboos I I ZEYNEP KAPTANOGLU 10/1 HodeidatyJeddah I IS'pore
      81 words
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      Page 30 Advertisements Column 3
      587 30 AUSTRALIA EXPRESS CONTAINER SERVICE Aectpdng FCL/FC4. Containora Stop port P Httarf Ptnanf LoMmf tor Mottwr M By Ftadar Br Itodtr ML I OAS V 47 5 Fab 30 ten Jan Fran/Mafc/Sydn/Adal TULSIOAS ¥.46 21 Fab IS Ftb IS Frit Fram/Molb/Sydn/Adol KALIOAS V4l 2» Mir 22 Mar 22 Mar Fram/Maft/Sydn/Adal TULSIOAS
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      Page 30 Advertisements Column 4
      323 30 r IV?>1 GOLDEN LINE 1 GUAN GUAN SHIPPING (PTE) LTD N -1 23 Tatot Ayar Strwl J SIMCAKMf 01M Tit UtM (10 LIMES) Fat U4JM4 S&VliE'' mu Ml run SMAN OH* Jan *gQ f u, Mlu THE PEOPLE'S REPUBLIC of CHINA mcMmNpuynvn UMq Pan**KuanUn Dattwution um WMrwicawTAflmmyici Psn S port
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      Page 30 Advertisements Column 5
      642 30 Continental Pacific Shipping J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT +TKKU S POKE PK LOADING FOR HERUVIM m SCTI/WMMNT/FLU/UK CAPTAIN GEORGE Sid 10/1 SE TE/R DM/AN T/FLU/UK 2 MARIA K 9/1 20/1 SETE/RDM/ANT/FLU/UK m m 9 Loadi Sabeh/lndonesia ./r-v MH.TIPORT AGENCIES (S) FTE. LTO. Z I m PAX: 2ZS3SII W /f
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      Page 31 Advertisements Column 1
      1648 31 NEPTUNE AGENCIES PTE LTD SINGAPORE (CR No: **********0 E) Bookings UK/EUROPE *****53, *****19, AUST/INDIA/PAK-*****18 mm US A-*****42/*****16, FAR EAST-*****48 Documentation: *****44/*****14 Terminal: *****22 CFS: M 2 IMPORT: *****69/*****50 1 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-*****33, P.Kelang *****87, Penang-*****0, J.Bahru-*****0, *****1 BbTDTVSIWOY PEN PKG SGP MOTHER VSL/VOY SGP LEH PL*
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      Page 31 Advertisements Column 2
      1285 31 SINSOVi SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** 'J* PENANG P. KELAMC MESSRS HAI THONG SHIPPING 127 PanawStraatPanang. Malaysia M/S HANDLING SYSTEM CO SON BHD
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      Page 32 Advertisements Column 1
      747 32 fkiDSR-iJNESMY I |F DSR LINES i 1 VEB OEUTRACHT/SEEREEDEREI ROSTOCK I INTEGRATED CONTAINER SERVICE I I MEMBER Of EACON SERVICE I I TO EAST MEDITERRANEAN I > I NORTH CONTINENT EUROPE I I OUTBOUND SIN *LCA ANT ROM HBG RST I f E THAELMANN 1/29 06/01 20/01 30*11 »/01 01/0?
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      Page 32 Advertisements Column 2
      1164 32 rec cowmmowAi aravic» Vmml P KLC PNC PC Lojdinf tor JIANCCHUAN 2»/U RoM«rt*VAn»wp cmwA rou cojjugg gga VMM) Pklf Pnj Sport BU Ht| Shot Q'npUo YANC FANG KOii WIS 30/12 21/11 W 1M» 1W SHANG CHEN Vll« 21/01 O/Ol 27/81 03/02 07 «2 Accepting FCL Cirfo tor all ottw Chinooo
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      Page 32 Advertisements Column 3
      247 32 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/PK. BALAM SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETD LOADING FOR DELI INDAH 5.1.90 6.1.90 PANJANG/PK. BALAM NAGA JAYA 15.1.90 16.1.90 PANJANG LAMPUNG JAYA 10.1.90 11.1.90 SEMARANG/PANJANG PINANG JAYA 12.1.90 13.1.90 PANJANG/PK. BALAM PERITA JAYA In Port 3.1.90 PANJANG/JAKARTA ABADI JAYA 15.1.90 16.1.90 PANJANG PERITA
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      Page 32 Advertisements Column 4
      570 32 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG TRANS-SIBERIAN CONTAINER SERVICE SOTRA GENERAL AGENTS ACCEPTING ALL FCL LCL CONVENTIONAL CARGOES I AFGHANISTAN I Ha.raton, Tourghundi, Kabul, Herat, Mazar-1-Sharif, Mashad, Kushka 11R A N D i ulfa > Astara VIA ILYICHEVSK ETD SINGAPORE 3/01, 13/01, 19/01, 28/01 EUROPE .'To all inland points: VIA VOSTOCHNY
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      Page 32 Advertisements Column 5
      548 32 ASEAN PORTS Ngow HocH Agency Co Ltd BKK (Tel *****80) VESSEL VOY SINGAPORE BANGKOK RATANA BHUB 31N Thur 4/1 Won 1/1 JARU BHUM m Fri 5/1 Man VI PIYA BHUM 207N Sun 7/1 Wad 10/1 JENLINK 13M Tu« 9(1 Fri 12/1 HERMES ACE 01N Tut fri 12/1 SIRI BHUM 431N
      548 words
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      Page 33 Advertisements Column 1
      1043 33 VESSEL VOY SINGAPORE KHF/DUBAI KARACHI LANKA RUWAN 2W 10/1 05/2 01/2 LANKA SIRI 133W 26/1 22/2 15/2 LANKA SRIMANI 74W 25/1 22/2 15/2 LANKA SRIMATHI 73W 02/2 22/2 15/2 ALSO ACCEPTING CARGO (FCL/LCL) FOR: A) INDIAN PORTS MADRAS; TUTICORIN; COCHIN; MANGALORE; BOMBAY B) ARABIAN GULF PORTS SHARJAH; DUBAI; BAHRAIN; DAMMAM;
      1,043 words
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      Page 33 Advertisements Column 2
      247 33 ACCEPTING FCL AND CONVENTIONAL PEN/PKG ETA LOADING FOR SPORE ASSAY WON 2 In PI DARESSALAAM MOMBASA DJIBOUTI VOY 2?WB ASSAB MASSAWA HOOEIDAH ANDINET 21/1 DARESSALAAM MOMBASA DJIBOUTI VOY 18WB ASSAB MASSAWA MOOCIDAM ABYOT 23/2 DARESSALAAM MOMBASA DJIBOUTI VOY 20WB ASSAB MASSAWA HOOCIOAH pg KIEN HUNS LINE FULLY CONTAINERISED FORTNIGHTLY LINER
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      Page 33 Advertisements Column 3
      636 33 MASKAPAI PELAYARAN PapuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SWOAPOBE INDONESIA SERVICE VSL VOY SIN JKT PAJ JKT SIN
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      Page 33 Advertisements Column 4
      459 33 rug BA Y OF BENGAL SERVICES |IfESSELS WT SIM MAA CAI CMS llT~| LEUVE 9116 IN PT 13/1 TIGER RIVER 82CNB 8/1 11/1 SUSAK 93N 6/1 13/1 ILOVIK 94N 12/1 19/1 SUPANYA 32W 17/1 31/1 IZVESTIA 01SI90 18/1 23/1 LEUVE 9117 21/1 30/1 TIGER RIVER 83CNB 21/1 27/1 SUSAK 95
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      Page 33 Advertisements Column 5
      251 33 TO AUSTRALIA/NEW ZEALAND VSL Snip#*™ frtmtKU* UMturm Sytfmy »i«llrt mussu zm «/i m vn a/i p fl 9,1 4 t c. vtftouK zb Si Hn ~fin »/i w W- < ANmUPtN 248 ~m\ W W u" 00 TNT CXMtCSS M 2 W W i/i Ufl *0 OP Also accepting cargo
      251 words
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      Page 34 Advertisements Column 1
      1059 34 |^^KgS|sg|flß7(j^ffli£4HMn^V£^H^^^^^^H OUR NEW usa (f=T= I* me p. sm lux loak p p cm, wo «vc SER y|Q E CALLS rZTwTMC vST ~wT 'AILNiATOR PRUX 7i5» ~W~ST wZ jg_ M_ *L_ Jg- SINGAPORE mm wta»6 "75" w au-watow ao»r vjbp isfl M Jg_ _jg_ _M_ Jg_ Jg_ _g_ J£_ nmcrT
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      147 34 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 0730 HOURS ON JAN 4,1990. LEGEND R Thunderstorm Temperature c Weother Wind direction with speed in knots y Shower j Rain Wove height Cloudy Sky Surface winds are indicoted by orrows which fly with the wind Q One full circle represents colm or light
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